1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power Market Trends
Global Low Voltage Circuit Breaker Market By Type, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026

Global Low Voltage Circuit Breaker Market By Type, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026

  • August 2020
  • 213 pages
  • ID: 5975420
  • Format: PDF
  • KBV Research


Table of Contents

The Global Low Voltage Circuit Breaker Market size is expected to reach $4.5 billion by 2026, rising at a market growth of 5.8% CAGR during the forecast period. The expansion in the market of low voltage circuit breakers is significantly attributed to the fact that the demand in electricity is tenaciously increasing in the developing nations. Besides, the expansion in infrastructural ventures for safe electrical dispersion is anticipated to guide the low voltage circuit breakers market in the coming years.

A circuit breaker is an electrical switch that works spontaneously and its essential function is to separate portions of the electrical distribution system. The low voltage circuit breakers ensure the no damage happens due to electrical short circuit or overload. Low voltage circuit breakers are not straightforwardly intended to open the circuit like breaker or fuse, its opening relies on the degree and time of overload current. A low voltage circuit breaker is appropriate for 600 volts or under 600 volts rated circuits. The low voltage circuit breakers can be reset either physically or consequently to continue its normal function.

The developing economies in Asian and African regions are very much prone to constant power lags and a network collapses, hence the area presents huge potential for the deployment of effective electric products. Moreover, growing measures to cut down fire hazards, faults in electrical supply, and significant operational neglect will eventually influence the dynamics of the industry.

The globally spread coronavirus has a massive effect on the different industries and nations across the world. Due to the lockdown in every single economy examined in the report and others, there is a decline in the growth rate of the businesses, for example, construction and building, transportation, oil and gas, energy, and others. Furthermore, there is a decline in electricity demand from the COVID-19 influenced areas since the last three months, which is required to hamper the development of the low voltage circuit breaker market in the next couple of years. In Europe, economies, for example, Germany, France, Spain, Italy, and others are following severe measures to break the spread of coronavirus in their respective areas.

Based on Type, the market is segmented into Miniature Circuit Breaker, Molded Case Circuit Breaker and Air Circuit Breaker. Based on Application, the market is segmented into Shut-off Circuit, Energy Allocation and Others. Based on End User, the market is segmented into Commercial, Residential and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Mitsubishi Electric Corporation, Siemens AG, Panasonic Corporation, Schneider Electric SE, Eaton Corporation PLC, The Danfoss Group, Hager Group, Carling Technologies, Inc., and CHINT Group.

Strategies deployed in Low Voltage Circuit Breakers Market

Feb-2020: Eaton signed an agreement with Abunayyan Holding. Following the agreement, the companies established a joint venture to produce and service low- and medium-voltage switchgear in the Middle East. The joint venture will do business as Eaton Arabia and will have locations in Dammam, Saudi Arabia, and Dubai, United Arab Emirates.

Mar-2019: Siemens completed the acquisition of Russelectric, a leading U.S. manufacturer of power control systems including paralleling switchgear and automatic transfer switches. The acquisition brings together the companies’ complementary electrical power portfolios and service organizations.

Feb-2019: Schneider Electric launched Masterpact MTZ, the next generation high-power low voltage circuit-breakers assembled in the Indian market. Masterpact MTZ is a first-of-its-kind air circuit- breaker in the market that provides the customer with enhanced performance, reliability and safety.

Dec-2018: Eaton unveiled a range of cutting-edge power distribution products. The products launched are: Eaton’s RVAC SF6 Ring Main Unit (RMU), Eaton’s RVAC SF6 Ring Main Unit (RMU), and Eaton’s PSL series Air Circuit Breakers (ACB). Its Air Circuit Breakers are highly reliable PSL series that delivers performance without compromise as it comes with a very high arc handling capacity. The PSL is operates with a special grease to work for low temperature (up to -40 C). PSL ACBs offers excellent mechanical and insulation capability, enhanced product and electrical lifecycle and highly reduced bounce.

Mar-2018: ABB India opened the first smart factories in Bangalore for the production of electrical protection and connection solutions. The Bangalore facility manufactures ABB’s range of air and molded case circuit breakers, electronic and thermal relays, contactors, pilot devices and ABB’s latest range of ‘plug and play’ low-voltage circuit breaker, Emax 2.

Sep-2017: ABB acquired GE Industrial Solutions, which ABB has integrated into its Electrification Products (EP) division. The acquisition helped the company in capturing the market share in the global switchgear market.

Jun-2017: Siemens opened the 225,000 square-foot low voltage circuit breaker and manufacturing plant, which includes R&D, engineering and skilled manufacturing. The facility manufacturers critical technology that supports the safe and efficient movement of power across the residential, commercial, industrials and utility markets, including low voltage switchgear, switchboards, power panels, molded case circuit breakers (MCCBs) and air circuit breakers.

Feb-2017: Schneider Electric introduced two new range of energy-efficient contractors; TeSysD and NSXm. These contractors have been launched for switching and control applications and new compact circuit breakers to ensure protection against low voltage fluctuations.

Scope of the Study

Market Segmentation:

By Type

• Miniature Circuit Breaker

• Molded Case Circuit Breaker

• Air Circuit Breaker

By Application

• Shut-off Circuit

• Energy Allocation

• Others

By End User

• Commercial

• Residential

• Others

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia Pacific


o Brazil

o Argentina


o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• ABB Group

• Mitsubishi Electric Corporation

• Siemens AG

• Panasonic Corporation

• Schneider Electric SE

• Eaton Corporation PLC

• The Danfoss Group

• Hager Group

• Carling Technologies, Inc.

• CHINT Group

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Flexible AC Transmission Systems Market with Covid-19 Impact Analysis by Compensation Type, Generation Type, Vertical, Component, Application, Functionality And Geography - Global Forecast to 2025

  • $ 4950
  • August 2020
  • 174 pages

Rising demand for STATCOM devices for voltage control The FACTS market is projected to reach USD 1.5 billion by 2025 from USD 1.2 billion in 2020; it is expected to grow at a CAGR of 5.4% during the forecast ...

  • World
  • North America
  • Power Distribution
  • Infectious Disease
  • Industry analysis
  • Electricity Demand
  • Renewable Generation

Global Motor Protection Industry $ 5450 September 2020


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on